XRP’s Tide Is Turning as Bulls Erase 26 Days of Selling Pressure
XRP may be signaling a shift in momentum after buyers stormed back, reclaiming the psychologically important $1.15 level and erasing roughly 26 days of downward price action in a single daily candle.
Market analyst ChartNerd highlighted the move, noting that despite heavy resistance ahead, XRP’s sharp rebound shows how quickly market momentum can turn. According to the referenced CoinCodex data, XRP is trading at $1.15.
More notably, this surge comes after weeks of persistent selling pressure that kept XRP below key technical levels. Now, bulls face a bigger test: proving this is more than a temporary relief rally.
XRP Targets First 50 EMA Close Since May
ChartNerd is closely watching whether XRP can secure its first daily close above the 50 EMA since May 2026.
The moving average has acted as a stubborn ceiling throughout XRP’s decline. A decisive close above it could signal that sellers are finally losing their grip and give bulls a stronger base for another move higher.
But the battle is far from over. XRP needs to hold $1.15 and clear the 50 EMA to strengthen the bullish case. Failure to do so could trigger another rejection and send XRP back toward lower support.
If buying pressure continues, the $1.18–$1.23 region could become the next major resistance zone.
Rising Network Activity Adds to the Momentum
XRP’s technical rebound is also unfolding alongside increased activity across the XRP Ledger.
XRP open interest on Binance has reportedly climbed to a two-month high, suggesting traders are positioning for a potentially larger move. Meanwhile, $1 million-plus XRP Ledger transactions have surged 280%, highlighting a sharp rise in high-value network activity.
The ecosystem is also drawing attention from the AI sector, with AI-agent payments reportedly reaching 2 million transactions. Growing RLUSD adoption further adds to the network’s expanding payments and liquidity activity.
For now, XRP has made a powerful statement by wiping out nearly a month of selling pressure in a single candle.
Holding $1.15 and closing above the daily 50 EMA could deliver the confirmation bulls have been waiting for. The tide may be turning, but XRP needs to sustain the renewed bullish momentum.
